Employee Benefits

Risk Management Philosophy

Our experience has taught us that simply adjusting rates in response to
changes in the claims experience is not always sustainable. We prefer to manage
risk and, where the claims experience is negative, we engage with you to
identify and resolve the underlying cause.

This approach has proven successful with a number of our key
clients, from diverse industries.

Underwriting Philosophy

We understand the inconvenience of going for medicals; however it remains
an important risk management tool to protect all members on a
scheme.

To ensure that the medical examination happens efficiently and
smoothly, we’ve contracted a nursing service that’s able to
visit client offices and conduct the medical tests with minimal inconvenience.

Claims Philosophy

As a specialist group risk underwriter we understand the importance
of paying claims as quickly as possible.

We also know that the terms and conditions of the policy are
an important part of risk management and are in place to
protect the claims experience of the scheme.

International Risk Solutions

Through its association with Hollard Group Risk South Africa, Hollard Group
Risk International (HGRI) offers the expertise and specialist
capability gained in the South African market, in selected
international markets.

Hollard Group Risk International was established to address the growing needs
of Hollard Group Risk clients who have international
operations and where employee benefit solutions are required.

Hollard Group Risk International have established insurance operations in
multiple international territories and provide seamless risk solutions
for group insurance benefits, including death, disability and health
insurance.

Multinational Pooling

Multinational pooling occurs when a multinational company combines all the
employee benefit contracts from the various countries in which it operates, into
one unique account, for the benefit of combined experience
rating.

Alternative Risk Transfer

Alternative risk transfer is an insurance structure which allows a
policyholder to benefit from a good claims experience, whilst
having peace of mind knowing that 100% cover is in place.

The Hollard Insurance Company Ltd (Reg No. 1952/003004/06) is an authorised Financial Services Provider, and a member of the South African Insurance Association (SAIA).
Hollard Life Assurance Company (Reg. No. 1993/001405/06) is an authorised Financial Services Provider and a member of the Association for Savings and Investment South Africa (ASISA).
Hollard Investment Managers (Reg. No. 1997/001696/07) is an authorised Financial Services Provider, operates as an investment manager and is a member of the Association for Savings and Investment South Africa (ASISA).